USA to sanctions against Chinese banks

It is increasingly strong in the United States the thought of pushing Washington to impose sanctions on banks doing business with Pyongyang considered for the time the UN sanctions have not stalled North Korea's nuclear ambitions.

In recent weeks, some steps in this direction have already been made, last August, the US Treasury Department sanctioned several individuals working in the development of North Korean mass destruction weapons. The sanctions have hit Chinese and Russian characters, accused of participating in financing and developing the Pyongyang armament program.

The Trump administration has promised to "increase pressure on those who support nuclear and ballistic programs".

Sanctions expert Anthony Ruggiero, who has worked in State Treasury departments, distances himself from those who believe that Trump's policy towards North Korea is similar to Obama's. Indeed, Ruggiero emphasizes. "The Trump administration has taken at least six distinct measures against Chinese companies, individuals or banks, something that both Obama and George W. Bush had always been reluctant to do."

According to Ruggiero, it is not true that Beijing is losing patience with Kim Joung-un and is not convinced that Beijing could induce North Korea to sit at the negotiating table.

Even Tom Malinowski, former head of human rights for the State Department in the Obama administration, agrees that Chinese banks should be sanctioned, but according to a public event, "care must be taken that the sanctions are targeted those realities that bring direct benefits to the North Korean regime and its ballistic and nuclear program ". According to Malinowski "We must not try to turn off communications between China and North Korea, because these are the ones that will probably allow us to arrive at a real change in the Korean situation".

According to a United Nations official at AFP, there is concern among diplomats about these secondary sanctions because they are likely to undermine the success of the Glass Palace because, despite the rise in the level of the crisis, The last missile launched by Kim flying Japan, the positions remain the same: the US is pushing for greater firmness, while other nations like Russia and China invite dialogue to avoid provocations.

USA to sanctions against Chinese banks